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Kenton Gearhart (Merrill Lynch, Cincinatti) Sanctioned by Securities Regulator

Kenton Gearhart (Merrill Lynch, Cincinatti) Sanctioned by Securities Regulator

Kenton Gearhart (Merrill Lynch, Cincinatti) Sanctioned by Securities Regulator 150 150 Rex Securities Law

March 10, 2016- Cincinnati, Ohio

Kenton K. Gearhart  entered into a Letter of Acceptance Waiver and Consent (AWC) with the Financial Industry Regulatory Authority (FINRA) to resolve allegations that  while employed by Merrill Lynch he inaccurately marked at least 47 securities transactions iii at least 3 l customer accounts as unsolicited, when they were, in fact, solicited transactions. By doing so, Gearhart caused Merrill Lynch’s books and records to bc inaccurate and violated FINRA Rules 451 1 and 2010.

AWC No.  2013039577501

Gearhart was suspended from association with any FINRA member for 30 days and fined $7,500.

FINRA records disclose that Gearhart was registered with Merrill Lynch from 11/1994 to 12/2013. In December 2013 he was discharged by Merrill Lynch for recommending closed end funds not approved by Merrill Lynch, mismarking order tickets and disclosing personal trading  information to clients. Gearhart is currently registered with Raymond James.

Rex Securities Law , with offices in Boca Raton, FL,  and  Austin, TX,   provides representation to  investors  nationwide who are seeking recovery of investment losses due to the negligence or fraud of stockbrokers and broker dealers. If you have questions about how your account has been handled, call to speak with an experienced securities attorney.

Most cases handled on a contingent fee basis meaning that you do not pay legal fees unless we are successful.

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